Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Japan - 2023

Contents:

1. Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Japan (CIF) - 2022
2. Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Japan (FOB) - 2022
3. Imports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Japan
4. Exports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Japan

Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Japan (CIF) - 2022

In 2022, the average import price for electric motors and generators amounted to $63,669 per unit, with an increase of 44% against the previous year. Overall, import price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for electric motors and generators increased by +67.1% against 2020 indices. The pace of growth appeared the most rapid in 2015 an increase of 52% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($77,573 per unit), while the price for the UK ($6,540 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+22.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Japan (FOB) - 2022

In 2022, the average export price for electric motors and generators amounted to $25,990 per unit, which is down by -41.4% against the previous year. Over the period under review, the export price saw a perceptible shrinkage. The growth pace was the most rapid in 2014 an increase of 128% against the previous year. As a result, the export price attained the peak level of $76,138 per unit. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($40,134 per unit), while the average price for exports to Germany ($2,441 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Egypt (+5.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Japan

After two years of decline, overseas purchases of electric motors and generators increased by 60% to 24 units in 2022. Overall, imports, however, recorded a deep contraction. Imports peaked at 28 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of electric motors and generators skyrocketed to $1.5M in 2022. Over the period under review, imports enjoyed a buoyant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Electric Motors and Generators; DC, of an Output Exceeding 375kW to Japan in 2022:

1. United States (14.0 units)
2. Netherlands (3.0 units)
3. Taiwan (Chinese) (2.0 units)
4. Italy (1.0 units)
5. France (1.0 units)
6. United Kingdom (1.0 units)
7. Germany (1.0 units)
8. China (1.0 units)

Exports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Japan

For the third year in a row, Japan recorded decline in overseas shipments of electric motors and generators, which decreased by -35.7% to 9 units in 2022. Over the period under review, exports continue to indicate a precipitous descent. The smallest decline of -32.4% was in 2020. The exports peaked at 34 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of electric motors and generators declined dramatically to $234K in 2022. In general, exports recorded a dramatic curtailment. The smallest decline of -15% was in 2020. The exports peaked at $1.4M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Top Export Markets for Electric Motors and Generators; DC, of an Output Exceeding 375kW from Japan in 2022:

1. United States (4.0 units)
2. Taiwan (Chinese) (1.0 units)
3. Malaysia (1.0 units)
4. Vietnam (1.0 units)
5. Germany (1.0 units)
6. South Korea (1.0 units)

Source: IndexBox Market Intelligence Platform